FilingReader Intelligence
U.P. Hotels board approves voluntary delisting proposal
July 27, 2025 at 06:29 AM UTC•By FilingReader AI
U.P. Hotels Limited's board approved a voluntary delisting proposal by acquirers Apurv Kumar and Anoop Kumar to acquire all public shareholders' equity.
The indicative price of ₹900 per share was set as the floor price based on independent chartered accountant valuations. The proposal now requires shareholder approval via postal ballot.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:UPHOT•Bombay Stock Exchange
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